Patents: LG buries the ax with Wiko … on one condition

After filing three patent infringement lawsuits against Wiko, it appears that LG has made peace with the smartphone maker, agreeing to license the latter, and its parent company Tinno Mobile, for all of its 4G patents. The licensing deal came after LG won all three of its lawsuits against its competitor. The two companies were prepared to face each other again in court this month over an appeal from Wiko, until a licensing agreement was reached.

“Our agreement with Tinno Mobile is a positive outcome for all parties involved and will ultimately lead to better user experiences for consumers around the world,” said Cho Hwi-jae, vice president and manager of the intellectual property center. by LG. “Protecting our intellectual property is important to the many LG employees who have invested countless hours and efforts to develop technology that improves the lives of our customers. “

LG’s patents are often at the center of litigation, as the company has also previously filed patent infringement lawsuits against Blue, Hisense and TCL. These three lawsuits also ended in favor of LG, Hisense, like Tinno Mobile, having finally reached a license agreement with LG. The announcement follows LG’s leadership shakeup earlier this week, with the appointment of its chief strategy officer, William Cho, as CEO.

Source: .com

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